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Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

11.30SGD
17 Dec 2018
Change (% chg)

$0.18 (+1.62%)
Prev Close
$11.12
Open
$11.21
Day's High
$11.38
Day's Low
$11.21
Volume
3,417,600
Avg. Vol
5,498,255
52-wk High
$14.04
52-wk Low
$10.36

Latest Key Developments (Source: Significant Developments)

Oversea-Chinese Banking Corporation Says OCBC Bank Collaborates With Xiaomi And Hanhua
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::OCBC BANK COLLABORATES IN VENTURE WITH LEADING CHINESE CORPORATIONS XIAOMI AND HANHUA.PARTIES LOOKING TO INTRODUCE INTEGRATED PLATFORM THAT PROVIDES FINANCIAL SERVICES THROUGHOUT CHINA.  Full Article

Oversea-Chinese Banking Corp Q3 Net Profit Up 12 Pct
Wednesday, 31 Oct 2018 

Nov 1 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::Q3 NET PROFIT GREW 12% YOY TO S$1.25 BLN.Q3 NET PROFIT FROM BANKING OPERATIONS ROSE 23% YOY TO S$1.07 BLN.NET INTEREST INCOME IN Q3 GREW 9% TO S$1.51 BILLION FROM S$1.38 BILLION A YEAR AGO.6 BASIS POINTS RISE IN NET INTEREST MARGIN TO 1.72% IN QUARTER.COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO OF 13.6% AS AT SEPT 30.GROUP'S NON-PERFORMING LOANS RATIO WAS 1.4% AS AT 30 SEPT.  Full Article

Oversea-Chinese Banking Corp Updates On OCBC Wing Hang Bank's Sale Of Stake In Hong Kong Life Insurance
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::UPDATES ON OCBC WING HANG BANK LIMITED'S SALE OF 33.33% STAKE IN HONG KONG LIFE INSURANCE.OCBC WING HANG BANK TOGETHER WITH OTHER SELLERS TERMINATED SALE OF 33.33% STAKE IN CAPITAL OF HONG KONG LIFE INSURANCE.OVERSEA-CHINESE BANKING CORPORATION - AGGREGATE DEPOSIT OF HK$710 MILLION PAID BY PURCHASER FORFEITED IN FAVOUR OF SELLERS.AGREEMENT WITH FIRST ORIGIN INTERNATIONAL LTD TERMINATED DUE TO CONDITIONS NOT BEING SATISFIED.  Full Article

Oversea-Chinese Banking Corp Q2 Net Profit After Tax S$1.21 Bln, Up 16 Pct
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::NET PROFIT AFTER TAX OF S$1.21 BILLION FOR Q2 OF 2018 , CLIMBING 16%.2Q18 NET INTEREST INCOME S$1.45 BILLION 8% UP.COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO , TIER 1 CAR & TOTAL CAR AS AT 30 JUNE 13.2%, 14.3% & 15.9%.NON-PERFORMING LOANS RATIO WAS 1.4% AS AT 30 JUNE 2018.QTRLY NET INTEREST MARGIN ROSE 2 BASIS POINTS TO 1.67%.AN INTERIM DIVIDEND OF 20 CENTS PER SHARE HAS BEEN DECLARED FOR FIRST HALF OF 2018."OPERATING ENVIRONMENT IS INCREASINGLY CHALLENGING".OCBC- "WE ARE WATCHFUL OF SEVERE IMPLICATIONS TO GLOBAL ECONOMY AND FINANCIAL MARKETS FROM ESCALATING TRADE AND POLITICAL TENSIONS".  Full Article

OCBC Sees Gradual Rise in Net Interest Margins in Coming Quarters - CEO
Sunday, 5 Aug 2018 

Aug 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::SEES GRADUAL RISE IN NET INTEREST MARGINS IN COMING QUARTERS -CEO.EXEC SAYS STILL SEES SOME RESILIENCE FROM HOME BUYERS DESPITE RECENT PROPERTY COOLING MEASURES.  Full Article

Oversea-Chinese Banking Corporation Priced EUR 500 MLN 0.625 pct Covered Bonds Due 2025
Thursday, 12 Apr 2018 

April 12 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::PRICED EUR 500 MILLION 0.625 PER CENT. COVERED BONDS DUE 2025.  Full Article

Oversea-Chinese Banking Corp Completes Acquisition Of National Australia Bank's Private Wealth Business In Hong Kong​
Sunday, 26 Nov 2017 

Nov 27 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::‍OCBC GROUP COMPLETES ACQUISITION OF NATIONAL AUSTRALIA BANK'S PRIVATE WEALTH BUSINESS IN HONG KONG​.  Full Article

Oversea-Chinese Banking Corp's ‍interest in AVICT diluted to 17.3 pct from 20 pct​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Oversea-chinese Banking Corporation Ltd :Co's ‍interest in avict has been diluted from 19.99% to 17.27%​.Dilution not expected to have any material impact on eps of ocbc group for fy ending 31 dec, 2017​.  Full Article

Oversea-Chinese Banking Corp prices A$200 mln senior floating rate notes
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Oversea-chinese Banking Corporation Limited :Ocbc Bank Priced A$200 Million Senior Floating Rate Notes Due 2020.‍notes will bear interest at 3-month bank bill swap reference rate plus 0.60% per annum​.  Full Article

OCBC group posts quarterly net profit of S$1.06 bln
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Oversea-Chinese Banking Corporation Ltd :‍OCBC group reported Q3 2017 net profit of S$1.06 billion​.Net interest income grew 12% to S$1.38 billion in 3Q17 from S$1.23 billion a year ago​.‍Q3 earnings grew 12% year-on-year driven by broad-based growth across all key markets and businesses​.Q3 ‍non-interest income was 1% higher at S$978 million​.Group's non-performing loans ("NPL") ratio was 1.3% as at 30 SEPTEMBER 2017​.Quarter end Common Equity Tier 1 Capital Adequacy Ratio of 13.1%, and tier 1 and total CAR of 14.0% and 16.2% respectively​.  Full Article